1929 $20 Bills from Albany Georgia

[GaRebel1861]

I was shown these six uncut $20 bills and was asked what I know about them. (Which was nothing) I have showed these pictures around and no one in my area has ever heard or seen any of these. It is interesting that they appear to have been printed in 1929 which seems odd to me because of that being the very beginning of the Great Depression. I have a few questions that maybe someone here can answer for me. 1)Why did a bank in Albany Georgia have its name on the bills? 2) Who would have printed them for the bank 3)What are these bills worth? 4) Are there any other banks that did this?

 

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[masterjedi]

At the top of the bill they are marked National Currency... Many banks across the country had their name on these notes at that time... Google national currency notes... the smaller the town the more their worth... especially uncut sheets... awesome...

https://www.google.com/search?q=nat...=NqzXVPy-A8X_gwSstoSoCQ&sqi=2&ved=0CAYQ_AUoAQ

 

[NHBandit]

You can still sometimes get uncut sheets from the Bureau of Engraving & Printing. It's a very cool find to see some National Currency bills that old though. No clue as to value but I would imagine they are fairly rare. The BEP Store

 

[Mackaydon]

Yours is what is called a National Bank Note, Series of 1929, Type 2. (Type 2 because it contains the bank charter number.)
At the close of 1928, 13,269 banks had been chartered. At the close of 1927, 13159 banks had been chartered
Your bill contains a bank charter number: 13223 and was therefore chartered in 1928.
Don.....

 

[Mackaydon]

Authority for banks to issue these notes was created by the National Banking Act of 1863 which allowed the government to give charters to banks that could then issue their own notes, in an amount up to 90% of the value of the U.S.government bonds the bank had on deposit with the Treasury as security. Each bank was given a unique charter number which was printed on all their notes issued after 1875. These charters were valid for 20 years from the time they were granted.
The bank charter number on your bill is shown twice; once in black and in red numbers (Type 2); otherwise, if the red charter number were absent, it would be a 'Type 1' bill.
Don....

 

[Mackaydon]

You might contact this guy and show him pics of your bills--he wants a pic--then ask him your remaining questions.
1929 $20 City National Bank of Albany Georgia Value Guide
Never cut your sheet of bills into single bills.
Don.......